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20120928
20121006
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CNBC 3
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CNBC
Oct 2, 2012 4:00pm EDT
in math and science. he was even the science student of the year at the university of illinois. but after his adoptive mother passed away, ellis oon dropped t of school and headed to california with little money in his pocket. his skills were quickly recognized. he helped build the first ibm compatible mainframe system. in 1977, he and two of his colleagues broke off and started a company that would eventually become oracle. ellison took the company public in 1986, already a billion-dollar enterprise. now a $100 billion company, his mystique has grown as a billionaire who lives on the edge. he's made shareholders nervous while suffering body blows from mountain biking and surfing. he won a yacht race in sidney overcoming hurricane-strength winds that sank five competitors and drowned six participants. some have speculated he's the inspiration for the tony stark character in "the iron man" films, with ellison even making a cameo in the most recent sequel. ellison's passion for boating it now focused on the america's cup competition. >> this sis extreme sailing. >> he's the principle suppor
CNBC
Sep 28, 2012 4:00pm EDT
saw. first, computer sciences. google, western digital. these were seeing 30% to nearly 50% moves. on the downside, we saw amd having a 41% drop for the quarter. to give you a little bit of perspective on that competitor, intel down only about 14%. finally, the utilities was the worst performing sector this quarter. the only one up today. aes first energy was a lagger. it wasn't all bad news. nrg energy and american electric power were higher, as you can see there. a lit of a mix. when all is said and done, not a bad quarter, given both the domestic and international environments, the uncertainty we've seen, the election is coming. we did well for the third quarter. >> all right. sure did. thank you so much, jackie. don't even think about touching that remote. we have a lot more ahead on this friday edition of the "closing bell." >>> mortgage rates hit rock bottom again, so why aren't home sales blowing through the roof? housing in the spotlight up next. >>> and later, she's actually not crazy. the subsidized program for the poor has mushroomed since 2008 due to possible abuse. we
CNBC
Oct 4, 2012 4:00pm EDT
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> finally today, my observation, last night the president coined a new term when making his case listen to this. >> are we going to double down on the top down economic policies are do we embrace a new economic patriotispatriotism. >> that is right. somehow the president thinks paying as much as congress is demanding is patriotic. the president also forgets the highest earners already pay most of the taxes in this country. the truth is that many of the wealthy would pay more if they thought that it was spent better. case in point. the highest profile of course be ing cilindra. many americans learned last night that taxpayers are subsidizing pbs is that money well spent when we are facing so much debt? saying that the higher taxes on the well this he alone won't move the needle and even with that, everyone will need to pay more in taxes. that would be economic patri patriotism. it was a good day on wall treat. the dow jones still up 80 points
Search Results 0 to 2 of about 3